What do you say when borrowing money from a friend?
Be Honest And Open\n\n It is crucial you're being honest about why you need the money. After all, asking someone to lend you money assumes a certain level of trust between you. By not being truthful about your reasons, you're breaking their trust.
Is it OK to lend money to friends?
If you feel your friend or family is in genuine need, you could lend the money. But also consider the borrower's ability to repay. If they are working, find out how much they earn and what their other financial commitments are. Also try to find out whether the borrower is responsible about finances.
What is the saying about loaning money?
To borrow scarce is better than to beg; As lending, lending upon interest, Scarce better is than stealing.
It is the quality of lending over the quantity of lending. Lewis Thompson Preston 1 Likes Sure, I have friends, plenty of friends, and they all come around wantin' to borrow money. I've always been generous with my friends and family, with money, but selfish with the important stuff like love. Richard Pryor 92 Likes Friends quotes
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